contemporary management and modern era.

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According to Cleland and King (2010)“ A system is composed of related and dependent elements which  when in interaction from a unity whole”

1. Quantitative Approach2. System Approach3. Contingency Approach

Theory of management

Contemporary management structure - “ Contemporary Management offers a fresh and integrative view of the manager in the workplace in line with this changing environment’’(flashreporting; 2011)

History of Contemporary Management

(The Huffington Post UK, 2014)

When mankind started to live in a group they started to make a form of management by internationally or un-intentionally. Time is changed with a change of a form in management. Now a leader became CEO and a worker became colleague. ‘Management is art of getting things done through people’ Krishna Subedi (2004)

Contemporary Forms of Organizational Structures

(Flat World Knowledge, 2014)

Modern concept of ethical organisations

1. corporate social responsibility (CSR) - or simply social responsibility

2. ethical management and leadership

3. 'Fairtrade'

4. globalization (addressing its negative effects)

5. sustainability

6. corporate governance

7. social enterprise

8. Mutual, cooperatives, employee ownership

9. micro-finance, and

10. well-being at work and life balance, including the Psychological Contract.

Difference of traditional and modern contemporary management Traditional leadership in contemporary management

Modern leadership in contemporary management

Leaders are the main power of authority Team work is the main power distribution method

All information is owed by the leaders Information is clear to everyone as instruction

Suggestion taking is a minor fact for management

Suggestion is the main feedback of elaboration of organization

Team received only approved decision Team is the main power for new idea and planning

Time frame and resource was additional element

Time and resource is the main element

Responsibilities are adore as order for team

Responsibility is taken as main job role

Problems were protective not preventive Find the root of a problem

Performance are used to be reviewed annually

Immediate performance review and feedback

Conclusion

Finally, the organization is an open system that operates within and interacts with the environment. Management define any controlled and group assessment in an organized way.

ReferencesAnon, (2014). [online] Available at: http://googleimage [Accessed 18 Nov. 2014].Flat World Knowledge, (2014). Principles of Management 1.0 | Flat World Education. [online] Available at: http://catalog.flatworldknowledge.com/bookhub/5?e=carpenter-ch07_s02 [Accessed 18 Nov. 2014].Flat World Knowledge, (2014). Principles of Management 1.0 | Flat World Education. [online] Available at: http://catalog.flatworldknowledge.com/bookhub/5?e=carpenter-ch07_s02 [Accessed 18 Nov. 2014].HISTORY.com, (2014). History.com — History Made Every Day — American & World History. [online] Available at: http://history.com [Accessed 18 Nov. 2014].Waddell, D. (2006). Contemporary management. Boston: McGraw-Hill/Irwin.